Iconic Alaskan Hotel & Bar

Cordova, AK (Valdez Cordova County)

Seller Financing Available
Alaskan Hotel & Bar
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Asking Price: $1,300,000

Cash Flow: N/A

Gross Revenue: $1,067,779

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1908

Iconic Alaskan Hotel & Bar

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Business Description

Iconic Alaska Hotel, Bar and Liquor Store located in the beautiful fishing town of Cordova, Alaska. Turnkey business with multiple streams of revenue. Iconic Alaska Hotel, Bar and Liquor Store located in the beautiful fishing town of Cordova, Alaska. Turnkey business with multiple revenue streams.

First floor contains; the Bar, Liquor Store, Boiler room and Storage area’s

Second Floor Contains;
1 Apartment
4 Sleeping rooms with shared bathroom facilities
4 Sleeping rooms currently used as storage
4 hotel rooms with private bath
Laundromat for guest and tenant use
Housekeeping and storage areas
1 commercial space with separate entrance, currently a hair salon

The third Floor contains;
6 efficiency Apartments, storage areas, office and the owner's Apartment.

Cordova is a small fishing village nestled at Orca Inlet on Prince William Sound, Cordova rests at the base of the Chugach Mountain Range and serves as the gateway to the 700,000-acre Copper River Delta, where prized salmon swim in the springtime to reach their northern breeding grounds. Travel the 49.5-mile Copper River Highway through extraordinary river wetlands, where millions of birds stop in the river mudflats during their migration. Along the way, you may sight moose and mountain goats, as well as birds. And near the bridge, behold spectacular Child's Glacier. Paddle in a sea kayak alongside seals and sea otters. Discover mountain biking on old logging roads. Raft on the Copper River, and experience a salmon fishing expedition, led by knowledgeable local guides.

Detailed Information

Location:
Cordova, AK
Real Estate:
Owned
Included in asking price
Building SF:
15,000
Facilities:
The first floor contains; the Bar, Liquor Store, Boiler room and Storage area. The second Floor Contains; 1 Apartment 4 Sleeping rooms with shared bathroom facilities 4 Sleeping rooms currently used as storage 4 hotel rooms with private bath Laundromat for guest and tenant use Housekeeping and storage areas 1 commercial space with separate entrance, currently a hair salon The third Floor contains; 6 efficiency Apartments, storage areas, office and the owner's Apartment
Competition:
Noting in town that has this many multiple revenue sources.
Growth & Expansion:
Incredible opportunity to revitalize this hotel, bar, package liquor store, and commercial space to increase the revenue and add new venues for the community of Cordova.
Financing:
Seller financing with large down payment and approved credit.
Support & Training:
Seller will help with the transition of the sale.
Reason for Selling:
Retiring
Business Website:
http://www.thealaskanhotel.com
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Contact the Seller

(from currently available funds)
 
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Joseph Miller

Business Listed By:
Joseph Miller

RE/MAX Commercial

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